Market News
Magazine: Price-value ratio is decisive when buying food
Date: 2011-10-18 11:49:36
Nielsen conducted a survey in 55 countries, which revealed that 47 percent of Hungarian consumers are influenced in their food buying decisions by the price-value ratio of a product. 43...
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Coface country risk assessments: deterioration in Europe and in the United States
Date: 2011-10-17 19:08:06
Coface notes a deterioration of the average strength of companies in Europe and in the United States and is placing on negative watch, or removing positive watch of, 8 developed...
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SAPS-payment to farmers began
Date: 2011-10-17 18:57:12
The payment of the unified support per territory (SAPS) has begun this Monday by the Ministry of Agriculture and Rural Development. As a whole, a total of 280 billion HUF...
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Seven hundred companies on the positive consumer protection list
Date: 2011-10-17 12:50:35
Across the country more than seven hundred companies are included to positive consumer protection list – told Pintér István, the Director General of National Consumer Protection Authority on Thursday in...
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Chamber of Agriculture: support can be requested for winery machines
Date: 2011-10-17 12:40:41
The support for winery machines and technical equipment can be requested from the 17th of October. SMEs can request a 40 percent, while large corporations a 20 percent support from...
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42 wines from 14 wineries in three cities
Date: 2011-10-17 12:28:23
The vitors of the Bországjárás wine region presentations can become acquainted with 42 wines of fourteen somlói wineries – including the Györgykovács, the Kolonics, the Kreinbacher or the Laposa between...
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Magazine: The majority of Hungarian consumers mostly improvise when buying food
Date: 2011-10-17 11:47:04
Hungarians’ main motives for buying food are very different from the European average. Most Hungarians improvise and go shopping when they have run out of something. On the contrary, the...
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ÉFOSZ: ” The government continues to punish the Hungarian food industry”
Date: 2011-10-14 14:10:43
According to the National Food Processors Association (ÉFOSZ), the government continues to punish the Hungarian food industry with higher tax, does not think about its economic consequences. The professional organization...
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NGM: export pulled the expanding industrial production
Date: 2011-10-14 14:00:33
The industrial production in August was 4.4 percent above the year-ago level, while total sales were 2.5 percent higher, than in August 2010 – said the National Economy Ministry (NGM)...
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We spend weeks with shopping during our lives
Date: 2011-10-14 13:50:21
Interesting data has been published in connection with consumer habits. An average customer spends 1539 hours, ie 64 days with shopping during lifetime. An average British customer spends 1539 hours,...
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Magazine: We spend more in discount stores than last year
Date: 2011-10-14 11:27:50
In the January-May period there were rather significant changes in the market shares of retail channels. The population spent HUF 1,100 billion a day on FMCG products, from which discount...
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Milk-quotes will be handled by the state
Date: 2011-10-13 13:49:17
The Hungarian Dairy Research Institute is going to manage milk-quota of farmers from 1st November 2011 , instead of the former co-partner (Livestock Performance Testing LTD) – the Ministry of...
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Social networks generates ten billion USD this year
Date: 2011-10-13 13:20:53
Income produced on social networks this year, already exceeds the 10 billion USD limit on the sites of the world. The dynamism will not decrease in the future, the rate...
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Magazine: Cat food’s market position strengthened
Date: 2011-10-13 12:08:27
The value of the annual pet food market is around HUF 40 billion, 60 percent of which is spent on dog food and 40 percent on cat food. Dog food...
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CAP-reform critized by Austrian agricultural minister
Date: 2011-10-13 10:53:14
Austrian agricultural minister Nikolaus Berlakovich expressed fierce criticism when it comes to the draft of Commmon Agrarpolitics (CAP) on Thursday in an interview given to Radio ORF. He is in...
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New CAP discussed in Budapest
Date: 2011-10-12 17:31:33
The new EU Common Agricultural Policy (CAP) was presented to professionals in Budapest, the draft is expected to enter into force in the beginning of 2014. Péter Bokor, the Agricultultural...
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The government would easen the establishment of local markets
Date: 2011-10-12 13:20:30
It would be a relief, that no permission would be needed to the establishment of local markets, a notice would be enough as well. The government expects that due to...
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This year's corn crop in Zala is less than last year's
Date: 2011-10-12 12:50:55
The yield per hectare of corn is more than one ton less this year in Zala county, than in the recent years – told Fentős János, Head of Department at...
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Analysts surprised by the Euro-zone' industrial production growth
Date: 2011-10-12 12:30:45
Euro zone's industrial production unexpectedly rose in August. The monthly increase is the second now in row, primarily led by French, Portuguese and Italian production volumes, which could offset the...
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Advanced training will start in Gödöllő from eco plantation
Date: 2011-10-12 12:20:06
The Gödöllő-based Szent István University prepares to launch an eco vegetable and fruit production training – told Matthew Hayes, university professor to MTI. He told that the two-year training is...
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Pig farming declines in Austria as well
Date: 2011-10-12 12:18:42
The decline of peasant farms is unstoppable in Austria. Only the larger companies are able to survive. 15 years ago, 239 thousand farms were in Austria with a size of...
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Magazine: CIB FaktorFactoring
Date: 2011-10-12 11:56:49
CIB FaktorFactoring: the crisis is overAfter the contraction in 2010, the domestic factoring market started expanding again in 2011. Since there have not been major changes on the credit market,...
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Frost damage compensation – five thousand farmers get help
Date: 2011-10-12 10:34:27
About five thousand farmers affected by the frost damage in Szabolcs-Szatmár-Bereg County receive assistance from the agricultural production system in the form of a compensation – regional leader of the...
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Corruption in public procurement and in general in Hungary
Date: 2011-10-12 09:18:21
GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy. This study summariee the most important result and formulated proposals to the Public Procurement Council,...
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GKI: Consumption drops by 3 percent next year
Date: 2011-10-11 17:13:42
According to the forecast of GKI Economic Research Co. prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. This is only...
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The Rural Development Ministry initates the taxation of jams and syrups with low fruit content
Date: 2011-10-11 16:00:56
The Rural Development Ministry initates the taxation of jams and syrups with low fruit content and is confident that one of the useful yield of the charges for public health...
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KSH: Inflation unchanged in September
Date: 2011-10-11 12:27:26
In September, consumer prices fell by 0.1 percent and were 3.6 percent higher than a year earlier – reported the Central Statistical Office (KSH) Tuesday. The dataa are completely consistent...
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Men lead in online shopping
Date: 2011-10-11 12:26:38
In Europe, two of every five people (40) buy online, and now instead of women men play the main role in Internet purchasing – shows the groundbreaking new exploration of...
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The LMP withdrew the mall stop proposal
Date: 2011-10-11 12:26:12
The LMP withdrew the mall stop proposal , so now the Fidesz will have to submit the idea of LMP to the parliament under their name, if they still want...
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Kopint-Tárki: The tax burden on low wages holds back growth
Date: 2011-10-11 12:26:02
The dramatic tax burden on low wage earners can hold back Hungary's growth prospects the most – said Palócz Éva, CEO of Kopint-Tárki CEO in the InfoRádió. The company has...
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